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Re:Cryptocurrencies add nothing useful to society, says chip... by nightski on Sunday March 26, 2023 @03:51PM (#35318799)
Yeah but institutional investors were just starting to hold much larger positions within the last few years. They are much more sensitive to interest rate hikes than individuals.
Re:Cryptocurrencies add nothing useful to society, says chip... by anonymouskimmer on Sunday March 26, 2023 @04:19PM (#35319107)
I would assume that as long as the returns are greater than the interest rates, institutional investors are less sensitive than individuals to interest rate hikes.